NEW YORK, Feb 25, 2026, 09:37 EST — Regular session
- Vertex shares slipped early, pulling back after yesterday’s jump.
- A director has reported buying shares on the open market, according to a regulatory filing.
- With the annual report just filed, investors are sifting through the details and turning their focus to what the next results might bring.
Vertex, Inc. shares dropped 1.1% to $13.12 early Wednesday, giving back a slice of the previous session’s 10.2% surge that had lifted the tax software company from recent lows. Trading hit roughly 2.2 million shares Tuesday, noticeably higher than the usual daily pace. (StockAnalysis)
The timing’s key here: Vertex has been hunting for a bottom ever since that sharp February tumble, and lately, even minor news is nudging the stock. Filings aren’t just routine—they’re sparking trades.
This month, Vertex laid out its 2026 outlook for investors: revenue projection sits between $823.5 million and $831.5 million, with cloud segment sales expected to climb 25%. Adjusted EBITDA should land in the $188 million to $192 million range. That profit metric excludes items like interest, taxes and certain non-cash expenses. CEO Christopher Young said, “In 2025, Vertex delivered double-digit revenue growth and meaningful profitability improvements.” CFO John Schwab added, “Our guidance for 2026 reflects continued double-digit revenue growth along with improving profit margins.” (Vertex, Inc.)
Director Eric Andersen picked up 40,000 Class A shares on Feb. 20, paying a weighted average price of $12.91, according to a Form 4 filing. Trades ranged between $12.87 and $12.96. After these buys, Andersen holds 150,341 shares. (SEC)
Vertex on Tuesday evening put out its Form 10-K for the year ended Dec. 31, 2025, as shown in the Securities and Exchange Commission’s filing index. The 10-K includes the company’s annual financials—audited—and outlines specific risks in detail. (SEC)
Investors are combing through the 10-K now, hunting for shifts since last quarter—details on demand, execution risks, and the latest cost trends. The filing drops just as Vertex is out to persuade the market that its cloud growth story, and margins, still have room to run.
For the stock, its next move looks set to depend less on any single insider transaction and more on the durability of customer retention and how closely cloud segment growth sticks to company goals. If renewals start to slip, or implementation projects stall, those cracks would show fast in a subscription-heavy model.
But here’s the snag—insider buying looks promising, yet sometimes insiders jump in ahead of the crowd. Vertex faces a market where software budgets can slam shut quickly if companies start tightening their purse strings.
Up ahead for Vertex: the next earnings report, slated for around May 6. That’s when investors will get a look at fresh revenue figures and the latest on profitability. (Marketbeat)
